14,500 Government Jobs State wise Recruitment Notifications

RBI Launches Rs 10 Plastic Currency Notes In Five Cities for Trail

Subject : Government of India Introduces Plastic / Polymer Ten Rupees currency notes.

How to find 5, 10, 20, 50, 100, 500, 1000 Rs Notes Before 2005

The RBI is ready to launch the 10 Rs Polymer / Plastic  note trail in 5 cities across country with different geographical locations and climate changes that to test the validity  and density of usage of notes . The Government of India is planning to introduce one billion pieces of Rs 10 bank notes made of plastic. The Reserve Bank of India which is the central bank of India, who does the creation of notes and coint in monts to distribute all over the country, this introduce a bunch of one billion pieces of Rs 10 notes in polymer/plastic on a field trial basis.

The ministry has said that the five cities will be not the metropolitan cities, the five cities will be Kochi, Mysore, Jaipur, Bhubhaneswar and Shimla which having the varied geographical locations and climatic conditions in India. Depend on this trail it launches the remaining cities, first of all they must justify not to have any of Fake Indian Currency Notes, for this the RBI has a new agency for restricting the fake notes that causes the great damage of Indian Economy. The RBI informed that the primary objective of introduction of polymer notes is to increase its life time compare to paper currency, it could also help in combating counterfeiting. The History of Plastic currency was the first in world for introducing of the Plastic / polymer currency is introduced in the Australia.

Related Posts :


Anonymous said...

It's a good step

Post a Comment